Venture Capital Attacks the CDC; Everyone Misses the Point

As you probably know already, the new head of the CDC is straight outta the Peter Thiel/Marc Andreessen venture capital conspiracy, one Jim O’Neill, who worked at Mithril Capital for 7 years and helped get the Thiel Fellowship up and running.

I’ve read through a number of articles about this so far and literally every single one of them is missing the most important part: motive.

Or rather, they get about 10% of the motive, chalking it solely up to ideology and using it as another excuse to pump as many page views out of Curtis Yarvin as possible, the poor drug addled fool.

Indeed, we are on this incredibly dangerous track where venture capital ideology and their “weird” nefarious shadowy beliefs become the overwhelming centerpiece. In reality, the ideology is just the excuse. It is a story they tell themselves about what they do and why they do it.

It matters, yes.

As part of a comprehensive analysis of what is happening.

And THAT … is not happening.

The reason they are attacking the medical infrastructure is because they have thousands of biotech startups. They have invested a massive amount of capital into those startups and those startups would make more money and move much faster on achieving medical and financial goals if they didn’t have to answer to the medical institutions in America and didn’t have to compete with them.

The market opportunity for them — and their goal — is to REPLACE the existing medical system, and operate it as a system of venture capital firms and their startups. This is a market opportunity and it is about capitalism.

It is about their portfolio companies and their investments more than it is about their ideology.

Check out the biotech investments that just one venture capital firm in this system, Andreessen Horowitz, has invested in.

In that sucker is biotech companies for diagnostics, genetic engineering, cancer therapies, genome sequencing, disease detection, home care networks, mental health and therapy services, insurance management, patient portals, patient data analytics and storage and processing, stem cells, healthcare AI of various kinds, “Turbotax for Medicaid”.

In short, the initial outlines of a fully autonomous and VC-funded, stand alone medical system.

These fuckers have a parallel medical system that needs to grow. And to do that, they must attack the existing system.

Venture capitalists have spent hundreds of billions of dollars on this shit. And now they have to make that shit pay out using whatever means are necessary.

This is about capitalism and the extreme lengths that finance capital will go to, to get its returns.

Quick buzz through Mithril’s portfolio and again these are just the surface.

From your teeth to your feet to the surgery you need. Or don’t need but got anyway because you signed up for a clinical trial run by fascists that pays in memecoins because your family is starving.

All of the firms in this conspiracy have thick af biotech portfolios as well. 8VC, Craft Ventures, Y Combinator, Lux Capital, all those fucks. And as we speak, Larry Ellison’s Oracle is sitting deep in the guts of the entire medical system, sucking up vast amounts of data for it. All of these startups will eventually tap into that new data core, giving them a huge strategic advantage.

Founders Fund, Peter Thiel’s VC firm, has been very open about what they see as the route to success for their biotech companies.

“There are presently three major and related obstacles facing biotechnology (or biotechnology investment at any rate): lack of data, capital intensity, and a medieval approach to therapeutic discovery. The first major problem is that genetic sequencing, which provides us with the body of knowledge we require to create genomic therapies, is extremely slow, expensive, and inaccurate.

Present methods of sequencing (which use fluorescence) can only sequence about 95% of larger genomes, take forever to do so, and cost a fortune. The second problem is capital intensity: it simply takes far too much time and money before a company has any real indication that a drug might work with animal/human trials fantastically expensive despite the help of computer modeling. The final problem is an extremely slow drug discovery process: fundamentally, discovery still proceeds by enlightened guesswork, rather than as a disciplined process – and there is no good way for investigators to share data. Biotechnology companies that can overcome these stumbling blocks will create enormous value for their investors and society. “

This implicates a destruction of the medical regulatory institutions and other medical systems, but I draw your attention to that key part about animal/human trials, because a lot of the venture capital investment in biotech is SPECIFICALLY ABOUT speeding that process; check out this blurb on a16z company Formation Bio:

“Even as advances in AI make drug discovery more and more efficient, the cost and time of drug development and clinical trials continues to get longer and more expensive. As a result, drug development is the major hurdle to getting drugs to market today, with a single drug development program across all phases costing hundreds of millions dollars and taking up to a decade to complete. Large pharma companies and small biotechs alike often cannot develop all the promising drug candidates they discover, ultimately limiting the number of life-changing medicines that can reach patients.

Formation Bio acquires clinical-stage drugs from these pharmaceutical and biotech companies and leverages their drug development engine to run these drugs through clinical development significantly more efficiently than industry standards. By doing so, they unlock greater value per program and ultimately accelerate access to new treatments for patients.”

Obviously we see the same themes throughout the Network State book as well as the many Network State sites with a clear focus on biotech:

“the medical sovereignty zone, the FDA-free society. You begin your startup society with Henninger’s history of FDA-caused drug lag and Tabarrok’s history of FDA interference with so-called ‘off label’ prescription. You point out how many millions were killed by its policies, hand out t-shirts like ACT-UP did, show Dallas Buyers Club to all prospective residents, and make clear to all new members why your cause of medical sovereignty is righteous. But to actually achieve personal medical sovereignty, your startup society would need some measure of diplomatic recognition from a sovereign outside the US — or perhaps a state within the US. It would need to actually be what we call a network state, as it would need legal recognition from an existing government.

For the case of doing it outside the US, your startup society would ride behind, say, the support of Malta’s FDA for a new biomedical regime. For the case of doing it within the US, you’d need a governor who’d declare a sanctuary state for biomedicine. That is, just like a sanctuary city declares that it won’t enforce federal immigration law, a sanctuary state for biomedicine would not enforce FDA writ. With this diplomatic recognition, you could then take the existing American codebase and add one crucial new feature: the absolute right for anyone to buy or sell any medical product without third party interference. Your body, your choice. That’s how you’d get an FDA-free zone”

So this attack on the medical infrastructure is less about ideology, and more about their giant portfolios full of biotech bags that incentivize them to attack the existing medical infrastructure BECAUSE THEY WANT THE MARKET SHARE in order to GET THE FUCKING RETURNS. They want to blow up the regulatory bodies so nothing stands in the way of their anything-goes medical experiment zones.

That is why this is happening. Not because Curtis Yarvin wrote a fuckin blog post in 2007 or because Peter Thiel likes to fix his beady little eyes on the cross, as if seeing himself transfixed there.

This is capitalism. This is about money.

Indulging in tabloid-style reporting about tech fascist ideology that is not attached in any way to material goals, economics, and geopolitics, is lazy, it is stupid, and it enables fascism by giving way to fascist decadence, the ideology which is a thin veneer over the turn to capitalist terrorism, the eating of nation-states entirely by finance capital once they no longer need it to intermediate or when it gets in the way of their bags.

PS. I haven’t been blogging that much bc I’m in the middle of a rather long article for y’all that I hope y’all will like.

In the meantime, to close out the summer there are a number of updates to vcinfodocs:

+ New document on the venture capital firms that form the backbone of tech fascism https://www.vcinfodocs.com/venture-capital-firms

+ European Network State project Logos is now documented on Status of the Network State https://www.vcinfodocs.com/status-of-the-network-state-tech-and-crypto-cities

+ Major updates to the document on El Salvador and tech fascism https://www.vcinfodocs.com/el-salvador

+ Major updates to the document on venture capital complicity in the genocide of Palestinians https://www.vcinfodocs.com/venture-capital-and-the-genocide